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Iranian Ambassador to Armenia: Commodity Turnover of Iran

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  • Iranian Ambassador to Armenia: Commodity Turnover of Iran

    IRANIAN AMBASSADOR TO ARMENIA: COMMODITY TURNOVER OF IRAN
    AND ARMENIA INCREASES 30% ANNUALLY


    YEREVAN, JUNE 6. ARMINFO. Every year the commodity turnover of Iran
    and Armenia increases 30%. Last year it was 180 mln USD, Iranian
    Ambassador to Armenia Alireza Khakikyan informs IRNA.

    He said that the trade and economic relations of Iran and Armenia are
    at a high level and have good prospects. The most important economic
    project is construction of an export gas pipeline from Iran to
    Armenia. The length of the gas pipeline is 140 km, including 10 km
    via Iranian and 40 km via Armenian territory. The construction of the
    pipeline is to be completed by 2007. At present the first stage of
    construction works is in process. Khakikyan said that Armenia refused
    from construction of the project of Kajaran tunnel. Instead, active
    works have been carried out on construction of a highway in another
    region for already two months. The new road is supposed to facilitate
    transit transportation between Iran and Armenia. At the same time,
    the Ambassador stated that the major problem in the relations of
    Armenia and Iran are still unsettled frontier problems. To solve
    them, an Iranian-Armenian Commission for Frontier issues has been
    established, which could play an important role in solution to this
    major problem in case o more active work.
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